by Thoul » Sat Mar 31, '12, 5:59 pm
With rising inflation, I suppose it's only a matter of time before pennies cease to be produced everywhere. I mean, who ever uses them to pay for things these days? It's rare to have exact change including pennies, so I imagine most people just pay with paper bills and receive change most of the time. It will save money for governments, too. Supposedly, it costs 2.41 cents to make a US coin used for one cent. When it costs more to print money than the money is actually worth, it's time to reevaluate the approach.
Anyone who collects coins may want to start hanging on to a few pennies from each year. A few years down the road, they might be worth something as collectors' items.